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Dec 30, 2012
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now, pushing a deal on the fiscal cliff. as you noted on capitol hill is where all of the action is right now. the president when he bought the leaders here on friday said they have to try to work something out over the next couple of days and said on "meet the press" his position was either there is a deal or he wants the senate to bring up h his version of this short-term stop gap measure that would extend tax cuts for those making $250,000 or less and extend unemployment. he said if republicans stop they will be to blame for the fiscal cliff. what role do you have in this don't you have to show leadership to break the imabout passe? the president went back to pointing the finger at republicans. take a list. >> speaker boehner and republican leader mcconnell to accept the fact taxes on wealthiest americans should go up a little bit. if folks can't say yes to good offers i have an obligation of the american people to make sure that the entire burden of deficit reduction doesn't fall on seniors who are relying on medicare. >
now, pushing a deal on the fiscal cliff. as you noted on capitol hill is where all of the action is right now. the president when he bought the leaders here on friday said they have to try to work something out over the next couple of days and said on "meet the press" his position was either there is a deal or he wants the senate to bring up h his version of this short-term stop gap measure that would extend tax cuts for those making $250,000 or less and extend unemployment. he said...
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Dec 27, 2012
12/12
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no fiscal cliff dealing in sight. now we are talking about hitting the debt ceiling on december 31. what are the top trades for 2013? cnbc contributor michael farr. good to see you. great to have you here. >> thanks, michelle. wonderful to be with you. >> have you heard about what timothy geithner said tonight? >> you are way better looking than kudlow. i know you heard that. this is a much better screen to look at from our glide flattery will get you everywhere. did you hear secretary geithner sent out a note saying that -- letter, official letter saying we are going to hit the debt ceiling monday. lee business days notice. >> perfect. >> what will that do to the markets tomorrow? >> you and i talked about this is a couple of years ago when we hit hit it in july and i was dead wrong. i was entirely dead wrong. i thought congress would make sure we wouldn't lose our aaa debt rate. >> and we did. >> and -- yeah. i figured certainly logically that yields would go up on bonds. and that the stock market would fall and just the opposite happening. what happen this time to the markets sti
no fiscal cliff dealing in sight. now we are talking about hitting the debt ceiling on december 31. what are the top trades for 2013? cnbc contributor michael farr. good to see you. great to have you here. >> thanks, michelle. wonderful to be with you. >> have you heard about what timothy geithner said tonight? >> you are way better looking than kudlow. i know you heard that. this is a much better screen to look at from our glide flattery will get you everywhere. did you hear...
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Dec 27, 2012
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there will be a deal to, quote, avert the fiscal cliff. your viewers should demand more than a deal, they should demand a solution. >> do you think it's the right idea to cave in if really the republicans do not believe this is the right thing for the best interests of the country, to go ahead and agree to having more expenditures, to not cutting any of these entitlements. this reckless spending has to come to an end at some points. we have the future and the children to think of. >> so much for a balanced approach. the bammed approach as near as i can do do exactly what i want exactly what when i want you to do it. but the reality is the house democrats will could be he -- gt enough involvements my vote will not one of them and the group of conservatives i run with will not be among the votes that vote for the so-called deal. but it will pass and we will be arguably further from a solution than we were this time last year. >> so you think a temporary fix is going to come to pass but ultimately, like you said, you and several of your colle
there will be a deal to, quote, avert the fiscal cliff. your viewers should demand more than a deal, they should demand a solution. >> do you think it's the right idea to cave in if really the republicans do not believe this is the right thing for the best interests of the country, to go ahead and agree to having more expenditures, to not cutting any of these entitlements. this reckless spending has to come to an end at some points. we have the future and the children to think of....
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Dec 29, 2012
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will a last-minute fiscal cliff deal get done? and if it does what will it look like. >>> we have a deal. we may still get hit with an automatic tax hike. how much will that cost you? in time for the new year, a new snowstorm headed to the northeast. we'll let you know how bad this will get. and the yore in review, up with of the most unique and appalling takes on the year in review. good morning to you all. welcome to weekends with alex witt. no alex today. taking a much deserved weekend off. i'm t.j. holmes, good to be with you. new this morning, president obama outlining his course of action if we all go off the cliff. >> if an agreement isn't reached on time, then i'll urge the senate to hold an up-or-down vote on a basic package that protects the middle class from an income tax hike, extends vital unemployment insurance for americans looking for a job and lays the ground work for more economic growth and deficit reduction. >> the president is optimistic that a deal can be reached midnight on new year's eve. listen to senate m
will a last-minute fiscal cliff deal get done? and if it does what will it look like. >>> we have a deal. we may still get hit with an automatic tax hike. how much will that cost you? in time for the new year, a new snowstorm headed to the northeast. we'll let you know how bad this will get. and the yore in review, up with of the most unique and appalling takes on the year in review. good morning to you all. welcome to weekends with alex witt. no alex today. taking a much deserved...
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Jan 1, 2013
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the nasdaq gained 59 another deal not fiscal cliff related. the senate home security committee blasted the state department for failures leading to the deadly september 11th attack on the u.s. mission in benghazi, libya. this comes on the heels of another scathing report by an independent state department accountability review board that we have covered many times. chief intelligence correspondent catherine herridge has the latest senate report sites the white house for president obama inconsistent statements whether the benghazi assault was terrorist attack given intelligence showed within hours that al qaeda affiliate was responsible on september 11th. as evidenced reported sites mr. obama's interview with 60 minutes. it's too early to know exactly how this came about. group involved but obviously it was an attack on mrns the committee's ranking members says the statements are part of a broader troubling pattern. >> the administration repeatedly has rerefused to name the threat that we face. >> senators joe lieberman and susan collins write
the nasdaq gained 59 another deal not fiscal cliff related. the senate home security committee blasted the state department for failures leading to the deadly september 11th attack on the u.s. mission in benghazi, libya. this comes on the heels of another scathing report by an independent state department accountability review board that we have covered many times. chief intelligence correspondent catherine herridge has the latest senate report sites the white house for president obama...
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Dec 30, 2012
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cliff deal. he is was on meet the press. republicans weren't happy with that appearance because he they felt he was blaming them. new development in the last hour or two, vice president biden has come back from delaware. he is now here at the white house. he has had two phone calls with mitch mcconnell. in previous budget battles, joe biden has been the closer on these deals. his coming back from delaware might be a sign they are moving a little closer. that will be something to watch. the whole thing about changing cpi and reining in cost of entitlements, republicans are judging in on that. take a listen. >> one of proposals we made was something called change cpi but basically makes an adjustment in terms of how inflation is calculated on social security. highly unpopular among democrats not something supported but to strengthen social security in the long time i'm willing to make those decisions. >> reporter: in the morning, the president seemed to be opening the door to rein in those entitlem
cliff deal. he is was on meet the press. republicans weren't happy with that appearance because he they felt he was blaming them. new development in the last hour or two, vice president biden has come back from delaware. he is now here at the white house. he has had two phone calls with mitch mcconnell. in previous budget battles, joe biden has been the closer on these deals. his coming back from delaware might be a sign they are moving a little closer. that will be something to watch. the...
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Dec 26, 2012
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starbucks pushing congress to reach a deal on the fiscal cliff. wait until you hear about what they're doing to send encouraging notes to our elected leaders. are you optimistic that congress will meet a post-christmas fiscal cliff deal? [ male announcer ] this is sheldon, whose long dy setting up the news starts with arthritis pain and a choice. take tylenol or take aleve, the #1 recommended pain reliever by orthopedic doctors. just two aleve can keep pain away all day. back to the news. campbell's has 24 new soups that will make it drop over, and over again. ♪ from jammin' jerk chicken, to creamy gouda bisque. see what's new from campbell's. it's amazing what soup can do. >>> so as newtown, connecticut, recovers from the tragic shooting, police are across new england stepped in to give officers at the town's police department a day off to spend time with their families and that christmas is one of the millions the town received from all over the world after 20 children and 6 educators died in the massacre. and with students across the u.s. enj
starbucks pushing congress to reach a deal on the fiscal cliff. wait until you hear about what they're doing to send encouraging notes to our elected leaders. are you optimistic that congress will meet a post-christmas fiscal cliff deal? [ male announcer ] this is sheldon, whose long dy setting up the news starts with arthritis pain and a choice. take tylenol or take aleve, the #1 recommended pain reliever by orthopedic doctors. just two aleve can keep pain away all day. back to the news....
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Jan 1, 2013
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rick: the senate reaching a deal overnight to avert the fiscal cliff. so who are the winners and who are the losers? a fair and balanced debate on that. >> it's not something that any of us would say, oh, i love it. i don't love it, but i think it is a very good job of negotiating where there are some wins and some losses. new prilosec otc wildberry is the same frequent heartburn treatment as plosec otc. now with a fancy coating that gives you a burst of wildberry flavor. now why make a flavored heartburn pill? because this is america. and we don't just make things you want, we make things you didn't even know you wanted. like a spoon fork. spray cheese. and jeans made out of sweatpants. so grab yourself some new prilosec otc wildberry. [ male announcer one pill each morning. 2hours. zero heartburn. satisfaion guaranteed or your money back. heather: welcome back and happy new year. thousands of people welcoming in 2013 in key west, florida, with the drop of a shoe. take a look at this. have you heard about this tradition? the annual drag queen drop, yea
rick: the senate reaching a deal overnight to avert the fiscal cliff. so who are the winners and who are the losers? a fair and balanced debate on that. >> it's not something that any of us would say, oh, i love it. i don't love it, but i think it is a very good job of negotiating where there are some wins and some losses. new prilosec otc wildberry is the same frequent heartburn treatment as plosec otc. now with a fancy coating that gives you a burst of wildberry flavor. now why make a...
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. >> all eyes on the house of representatives as we await some action on the fiscal cliff deal. we are live with the late-breaking developments as we wait to hear from congressional democrats. and the health crisis facing secretary of state hillary clinton. new details about her condition and how doctors are treating the blood clot that was found near her brain. and a. a young mom facing jail time on child abuse charges, ordered not to get pregnant for the next 13 years. is that legal? our panel weighs in. and a very rare new year's day session for the house. just hours after the senate passed its version of the fiscal cliff bill. >> house democratic leaders speaking now. let's listen in on what they have to say. >> gave us a thoughtful and detailed explanation of what's gone on and how it was that he and the president working with the democratic and republican leaders in both houses were able to come together on this compromise. we first want to say thank you to the vice president for being so gracious. quite honestly so frank in his conversation with us in explaining as much a
. >> all eyes on the house of representatives as we await some action on the fiscal cliff deal. we are live with the late-breaking developments as we wait to hear from congressional democrats. and the health crisis facing secretary of state hillary clinton. new details about her condition and how doctors are treating the blood clot that was found near her brain. and a. a young mom facing jail time on child abuse charges, ordered not to get pregnant for the next 13 years. is that legal?...
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shy of the deadline the senate passed a deal to avoid the fiscal cliff. >> that goes to the house for a vote. doug mcelway is live with what it all means. you have been up all night so have i, what do we have? >> little more than 2 hours after the deadline passed they passed a stopgap fiscal cliff bill that spares the vast majority of americans tax increases. it passed with broad bipartisan support the final vote was 89 yai's 8 nay's. they pent went to the floor to describe a flawed bill one of the best they could craft given the different priorities over the two parties for the last couple years. >> shouldn't be a model of how we do things but i think we can say we have done some good for the country. we have done some good for the country. we have taken care of the revenue side of this debate. >>> working through the night we have reached a deal with sen more mcconnell. i have said all along the most important priority was to pa protect the middle class families. >> it raises tax rates on incomes over 400,000 for individuals 450,000 for couples. it blocks the spending cuts for two m
shy of the deadline the senate passed a deal to avoid the fiscal cliff. >> that goes to the house for a vote. doug mcelway is live with what it all means. you have been up all night so have i, what do we have? >> little more than 2 hours after the deadline passed they passed a stopgap fiscal cliff bill that spares the vast majority of americans tax increases. it passed with broad bipartisan support the final vote was 89 yai's 8 nay's. they pent went to the floor to describe a flawed...
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Dec 30, 2012
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not all deals are created equal. we want to see a fiscal cliff deal. if it cuts the heck out of all kind of programs, then you can have a deal that is actually a real drag on the recovery as well. maybe not a recession, but a slower year than we otherwise would and slow growth. again, there's two percentage points in the payroll tax scheduled to increase on january 1. if you look at how negotiations are going, it looks like it's going to happen. the typical family's taxes by $1,000 over the course of a year. >> the final one, we are talking debt ceiling. you think the fiscal cliff thing is bad for the economy. you wait and see if they can't get the debt ceiling worked out. >> right. it's one thing to go over the fiscal cliff. that would be bad. we don't want to it happen. a recession may happen. it would be unfortunate. it's different than the u.s. defaulting on the debt. you know, we saw that back in august, 2011, we saw the downgrade of the credit rating. just by having the threat of not approving the debt ceiling increase and the possibility of defa
not all deals are created equal. we want to see a fiscal cliff deal. if it cuts the heck out of all kind of programs, then you can have a deal that is actually a real drag on the recovery as well. maybe not a recession, but a slower year than we otherwise would and slow growth. again, there's two percentage points in the payroll tax scheduled to increase on january 1. if you look at how negotiations are going, it looks like it's going to happen. the typical family's taxes by $1,000 over the...
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Dec 28, 2012
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are riding together on come together on the fiscal cliff deal, it does appear the ceo apparently may not understand what exactly the fiscal cliff is. what this may say about the whole cliff situation. that's when we come right back. you better come back and join us once again. y wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. start saving at citi.com/pricerewind. omnipotent of opportunity. you know how to mix business... with business. and you...rent from national. because only national lets you choose any car in the aisle. and go. you can even take a full-size or above. and still pay the mid-size price. i could get used to this. [ male announcer ] yes, you could business pro. yes, you could. go national. go like a pro. >>> all right. the selloff is intensifying ri
are riding together on come together on the fiscal cliff deal, it does appear the ceo apparently may not understand what exactly the fiscal cliff is. what this may say about the whole cliff situation. that's when we come right back. you better come back and join us once again. y wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use...
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Dec 31, 2012
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we're going to do this in steps meaning a fiscal cliff deal. the question for the market at this point is how much of a deal will come out of this, will it be a partial going over the cliff, or will it be -- will it be one of the band-aid measures that wall street wasn't hoping for. with one of these sort of half deals or partial deals, what wall street winds up getting is more question marks. not really some -- solid rules of the road that continue getting this uncertainty about where taxes may be. so, you know, we are seeing the dow up right now 47 points. but the dow is off its highs of the session, simply because it doesn't look like it is going to be a full deal as far as investors feel that they think it is going to be more of a band aid measure. >> like a series of mood swings and the american public wants to know where they stand. that's pretty much the bottom line. let me ask, the form bill, another big concern, top congressional leaders say they have reached a deal. but yet to vote on an extension. if congress fails to act, well, an i
we're going to do this in steps meaning a fiscal cliff deal. the question for the market at this point is how much of a deal will come out of this, will it be a partial going over the cliff, or will it be -- will it be one of the band-aid measures that wall street wasn't hoping for. with one of these sort of half deals or partial deals, what wall street winds up getting is more question marks. not really some -- solid rules of the road that continue getting this uncertainty about where taxes...
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Dec 26, 2012
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i know i was tough, the biggest deal. the fiscal cliff killed us. retailers went deep on profession and they said, no. i thrill city nyse's will be bert. >> do you think it's getting better in 2013, bert? >> 2013 starts the retail ice age and maybe the 500 to 1,000-day retail recession. shopping centers, malls-based, starting to refinance some of them will create record vak kiss on the laws. >> which stocks specifically are going to suffer in home depot, radio shack, possibly shorts authority, some of the other office supply category killer stores. >> let me go in mr. glass half hull. anybody coming through had. as mentioned referenced so well. you also have you are even outfitters tutting it on ol centr retailers who have not reinvested back in the business are secularly having the shoppers shift away from them. they are going to have a tougher time. >> i think it's too late to save herb greenberg's bet with brian sullivan for this year, but you were on our show just recently, and you've turned positive for j.c. penney. >> i was a lot more positive
i know i was tough, the biggest deal. the fiscal cliff killed us. retailers went deep on profession and they said, no. i thrill city nyse's will be bert. >> do you think it's getting better in 2013, bert? >> 2013 starts the retail ice age and maybe the 500 to 1,000-day retail recession. shopping centers, malls-based, starting to refinance some of them will create record vak kiss on the laws. >> which stocks specifically are going to suffer in home depot, radio shack, possibly...
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there's no deal, no new offer on the fiscal cliff crisis. president obama has just told the two senate leaders they should make the deal. the results immediately felt in the financial markets. look where the dow closed down 158 points when it became very clear nothing was happening and now take a look at where the numbers are in the after markets. we would open now down 315 points on the dow if we started trading now. down 315 points. we have much more on this throughout the rest of the program, but the market's very unhappy. we do have some good news to report tonight. looks like at least one cliff has been averted for the time being. the so-called container cliff. the union that represents dock workers and u.s. maritime lines came to an agreement today to extend their current contract for 30 days. this is a big relief now for the retail industry and consumers who were staring at real destruction again for the supply chain. here now is jonathan gold and he's vice president of supply chain and customs policy for the national retail federatio
there's no deal, no new offer on the fiscal cliff crisis. president obama has just told the two senate leaders they should make the deal. the results immediately felt in the financial markets. look where the dow closed down 158 points when it became very clear nothing was happening and now take a look at where the numbers are in the after markets. we would open now down 315 points on the dow if we started trading now. down 315 points. we have much more on this throughout the rest of the...
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there is no deal yet for the fiscal cliff. but for now we have at least avoided the container cliff. 15,000 dock workers at 15 major u.s. ports and port owners agreeing to extend an expired contract for 30 days. the main issue is container royalties. the heavier the container the more dock workers get paid. owners want to cap payments. a strike would have meant higher prices on many goods like clothing, auto goods and electronic products because they would have been in short supply. emma lou harris could be in trouble with the law. tmz reports that harris is accused of hitting another car on a highway then driving off. the l.a. county d.a. is deciding whether harris will face any charges. in one was hurt. a rep for the singer says it was so minor harris didn't even know she hit the other car. and those are your headlines. >> thank you, juliet. let's talk about this story because this is outrageous. >> dave: unbelievable. >> juliet: sick. >> clayton: here is what vladimir putin did in response to the united states trying to put
there is no deal yet for the fiscal cliff. but for now we have at least avoided the container cliff. 15,000 dock workers at 15 major u.s. ports and port owners agreeing to extend an expired contract for 30 days. the main issue is container royalties. the heavier the container the more dock workers get paid. owners want to cap payments. a strike would have meant higher prices on many goods like clothing, auto goods and electronic products because they would have been in short supply. emma lou...
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Jan 1, 2013
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cliff deal. the dow jones industrial average gained 166 points to close at 13,104, up 7% for the year. the nasdaq rose 59 points to close at 3019, up nearly 16% this year. nearly two dozen people died in a string of attacks across iraq today. most of the violence targeted shiite communities and police. one of the blasts rocked baghdad's karrada neighborhood, sending smoke billowing above the skyline. the car bomb went off near a tent where shiite pilgrims were gathering. five people were killed there. in syria, elite troops, along with tanks, battled to dislodge rebels from a key southern suburb of damascus. the area is within firing distance of major government sites in the capital. amateur video also showed the aftermath of what appeared to be air strikes in the northeastern suburb of douma. the attacks toppled buildings and sent civilians fleeing. celebrations began today as the new year, 2013, dawned around the globe. we have a report from richard pallot of independent television news. . >> h
cliff deal. the dow jones industrial average gained 166 points to close at 13,104, up 7% for the year. the nasdaq rose 59 points to close at 3019, up nearly 16% this year. nearly two dozen people died in a string of attacks across iraq today. most of the violence targeted shiite communities and police. one of the blasts rocked baghdad's karrada neighborhood, sending smoke billowing above the skyline. the car bomb went off near a tent where shiite pilgrims were gathering. five people were killed...
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nothing going over the fiscal cliff. let the tax cut expire. come back in, offer the tax cuts for people under 250. call them obama cuts and get it going. if you are in congress. you make $175,000 a year. you get vacation days off. they go back and smoke cigars, eat steak, drink wine and laugh. >> andrea: is there something wrong with eating and drinking? if with pay them to do it. >> eric: they want to hit the buffet line. >> andrea: do it on their own time. not when the country is in a financial crisis. i think obama gets a superhero cape after this. >> andrea: people say republican goes down either way on this. but the house and the senate, this last election by blaming republicans. does he think he will get blamed for this? no. he figures i can do whatever i want. leave the republicans out for dead. >> eric: he is winning the messaging game. that is clear. >> andrea: i say that with confidence. he was able to say look, i was willing to meet them halfway. more than 50%. they don't want to work with us together. he is coming off strong, comin
nothing going over the fiscal cliff. let the tax cut expire. come back in, offer the tax cuts for people under 250. call them obama cuts and get it going. if you are in congress. you make $175,000 a year. you get vacation days off. they go back and smoke cigars, eat steak, drink wine and laugh. >> andrea: is there something wrong with eating and drinking? if with pay them to do it. >> eric: they want to hit the buffet line. >> andrea: do it on their own time. not when the...
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that will happen tonight to work on the fiscal cliff deal. >> the looming fiscal cliff is forcing president obama to cut short his christmas vacation. >> president obama is cutting short his christmas vacation. he is leaving hawaii tonight so that he can be back in washington when congress reconvenes tomorrow. >> laura: so we should believe that by leaving his island enclave that the president was making some big sacrifice for the country? i'm thinking washington, crossing the delaware on a bitter christmas night 1776 before going on to defeat the british in two major battles, that's sacrifice. i, for one, never understood how in good conscious any of these politicians would think about leaving town with so much riding on this cliff hanger? shouldn't they get their work done before they leave town for a break? that's what's expected for most working americans but then again washington politicians have rules of their own. people whose salaries that we pay are called public servants. meaning they verve us. not the other way around. we don't work to make their lives better. they are supposed t
that will happen tonight to work on the fiscal cliff deal. >> the looming fiscal cliff is forcing president obama to cut short his christmas vacation. >> president obama is cutting short his christmas vacation. he is leaving hawaii tonight so that he can be back in washington when congress reconvenes tomorrow. >> laura: so we should believe that by leaving his island enclave that the president was making some big sacrifice for the country? i'm thinking washington, crossing the...
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to avert the fiscal cliff. it's a positive sign that if congressional leaders reach some type of deal, the house and senate will be in town to get votes on the record. >> right now the spending that we have in washington d.c. is affecting this country. >> i hope the speaker and his republican party will be here, democrats, working to finish the task in reaching an agreement to avert the fiscal cliff. >> barrasso said president obama is eager to go over the fiscal cliff. senator barrasso joins us. well, why do you say that? >> well, i think the president sees political victory at the bottom of the cliff in term of the increased tax money coming in that he can spend for other programs. i think he sees a lot of cut to the military which the democrats have been after for a long time and then he gets to do what he loves to do, is to blame republicans. my concern is that i actually see financial problems for our nation at the bottom of the cliff and that's why i want to get a solution. >> tomorrow do you think it's g
to avert the fiscal cliff. it's a positive sign that if congressional leaders reach some type of deal, the house and senate will be in town to get votes on the record. >> right now the spending that we have in washington d.c. is affecting this country. >> i hope the speaker and his republican party will be here, democrats, working to finish the task in reaching an agreement to avert the fiscal cliff. >> barrasso said president obama is eager to go over the fiscal cliff....
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. >> just three days until the country reaches the so-called fiscal cliff, and the deal could be coming together as soon as tomorrow. richard reeve joins us from the newsroom. what we are hearing is this deal may not cover everything? >> that is right, the temporary payroll tax cut is set to expire, affecting everyone getting a paycheck. we are told senate leaders are trying everything, private conferences, phone call, email trying to hammer out a deal before the deadline. the clock is ticking, just three days left now. >> i'm hopeful and optimistic. >> this weekend, government issued the's are arriving at the capitol signal talks are still going on, but the americans are getting impatient. >> sit down, get in a room, and don't come out until you get this taken care of. >> right now, harry reid and mitch mcconnell are working on a so-called mini deal to prevent a tax increase for roughly 98% of american workers, extending unemployment benefits to nearly 2 million people, preventing cuts to medicare doctors. >> whenever we come up with will be in perfect. >> it comes up with president ob
. >> just three days until the country reaches the so-called fiscal cliff, and the deal could be coming together as soon as tomorrow. richard reeve joins us from the newsroom. what we are hearing is this deal may not cover everything? >> that is right, the temporary payroll tax cut is set to expire, affecting everyone getting a paycheck. we are told senate leaders are trying everything, private conferences, phone call, email trying to hammer out a deal before the deadline. the clock...
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it's down to the wire for fiscal cliff deal. lawmakers are trying to draft a plan under the deadline. president obama says he is optimistic they will come to an agreement if not, deep spending cuts will kick in for nearly every american. helpis one step closer for super storm sandy. senate passing a bill to provide $60.4 billion in aid for states impacted by the disaster. bill now has to pass through the house of representatives. hurricane sandy was blamed for at least 120 deaths in areas from north carolina to maine, new york, new jersey and connecticut. i'm arthel nevil, now back to fox news watch. for all the latest log on to foxnews.com. i'll see you right here at 4:00 p.m. eastern alongside gregg jarrett. >> we will make sure that f there is anything is needed we get it out immediately. i want to thank you for everything you've done and we appreciate that. >> connecticut state police lieutenant paul advance talking to people. the killer committed suicide as police closed in on him. one of many tragedies that received major
it's down to the wire for fiscal cliff deal. lawmakers are trying to draft a plan under the deadline. president obama says he is optimistic they will come to an agreement if not, deep spending cuts will kick in for nearly every american. helpis one step closer for super storm sandy. senate passing a bill to provide $60.4 billion in aid for states impacted by the disaster. bill now has to pass through the house of representatives. hurricane sandy was blamed for at least 120 deaths in areas from...
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Dec 27, 2012
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still ahead what is preventing lawmakers from reaching a deal on the fiscal cliff? can a deal get done at this point? congressman peter welch will join us with insight at 11 a.m. suddenly, she does something unexpected and you see the woman you fell in love with. she's everything to you. but your erectile dysfunction - that could be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and the same cialis is the only daily ed tablet approved to treat ed and symptoms of bph, like needing to go frequently or urgently. tell your doctor about all your medical conditions and medications, and ask if your heart is healthy enough for sexual activity. do not take cialis if you take nitrates for chest pain, as this may cause an unsafe drop in blood pressure. do not drink alcohol in excess with cialis. side effects may include headache, upset stomach, delayed backache or muscle ache. to avoid long-term injury, seek immediate medical help for an erection lasting more than fo
still ahead what is preventing lawmakers from reaching a deal on the fiscal cliff? can a deal get done at this point? congressman peter welch will join us with insight at 11 a.m. suddenly, she does something unexpected and you see the woman you fell in love with. she's everything to you. but your erectile dysfunction - that could be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and...
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Dec 27, 2012
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read the headlines and they say the president is giving up his vacation to negotiate a fiscal cliff deal but is something he said before leaving for hawaii leaving room for negotiations? what are we talking about? set it up. >> the president is heading back to washington to attempt a last ditch effort with speaker boehner to forge compromise to avert the fiscal cliff which will kick in in about six days if nothing'ss done. those are the headlines. everyone talking about cutting his vacation short. the question is there anything that can be done? they were at an impasse before christmas, the republicans and house imploded and it's a tight spot. i suspect if there's a deal,t will be unpalatable for everyone. >> there was a interchange before the talks broke wn. we have the quotes. john boehner said to obama, quote, iut $800 billio i tax revenue on the table. what do i get for that? allegedly we understand president obama came back to him and said, you get nothing. i get that for free. you get nothing. >> there were a couple eye-opening quotes. a "wall reet journal" story before christmas t
read the headlines and they say the president is giving up his vacation to negotiate a fiscal cliff deal but is something he said before leaving for hawaii leaving room for negotiations? what are we talking about? set it up. >> the president is heading back to washington to attempt a last ditch effort with speaker boehner to forge compromise to avert the fiscal cliff which will kick in in about six days if nothing'ss done. those are the headlines. everyone talking about cutting his...
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the fiscal cliff deadline is getting closer and closer, if lawmakers fail to reach a deal in time, our nation's top employers, the small businesses in our communities, will have some difficult decisions to make, with 2013, will it bring more economic opportunities or will the job market contract? stay with us. >> the looming fiscal cliff is leaving many small businesses in limbo in this country. some owners say uncertainty over potential tax hikes is keeping them from expanding and hiring new employees and analysts warn, that's a recipe for disaster in this already sluggish economy. anna kooiman joins us with more. many small businesses owners say they're kind of operating on the defensive right now. >> it's tough to plan. they're making decisions based on business coming in and the risk of losing it all. arthur cooper is concerned that the change in tax rates will hurt his ability to hire so he doesn't want to expand. >> when you don't know what the rules are, all right? and that's-- it's hard to be aggressive and it's hard to-- it's hard to be really resolute and you know, in your bu
the fiscal cliff deadline is getting closer and closer, if lawmakers fail to reach a deal in time, our nation's top employers, the small businesses in our communities, will have some difficult decisions to make, with 2013, will it bring more economic opportunities or will the job market contract? stay with us. >> the looming fiscal cliff is leaving many small businesses in limbo in this country. some owners say uncertainty over potential tax hikes is keeping them from expanding and hiring...
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Dec 26, 2012
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read the headlines and they say the president is giving up his vacation to negotiate a fiscal cliff deal but is something he said before leaving for hawaii leaving room for negotiations? what are we talking about? set it up. >> the president is heading back to washington to attempt a last ditch effort with speaker boehner to forge compromise to avert the fiscal cliff which will kick in in about six days if nothing's done. those are the headlines. everyone talking about cutting his vacation short. the question is there anything that can be done? they were at an impasse before christmas, the republicans and house imploded and it's a tight spot. i suspect if there's a deal, it will be unpalatable for everyone. >> there was a interchange before the talks broke down. we have the quotes. john boehner said to obama, quote, i put $800 billion in tax revenue on the table. what do i get for that? allegedly we understand president obama came back to him and said, you get nothing. i get that for free. you get nothing. >> there were a couple eye-opening quotes. a "wall street journal" story before ch
read the headlines and they say the president is giving up his vacation to negotiate a fiscal cliff deal but is something he said before leaving for hawaii leaving room for negotiations? what are we talking about? set it up. >> the president is heading back to washington to attempt a last ditch effort with speaker boehner to forge compromise to avert the fiscal cliff which will kick in in about six days if nothing's done. those are the headlines. everyone talking about cutting his...
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Dec 28, 2012
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from fiscal cliff. ed henry standing by in the briefing room. what are you hearing? >> senior white house official says the president told the republican leaders he wants up or down vote on the scaled back plan. he said that then the senate leaders jumped in and said they think they can get a bipartisan plan. the president told senators reid and mcconnell, i'm told they have a day or two to getting a deal done. otherwise we're out of time. he wants an up or down vote or the plan. at that point, john boehner was noncommittal and not say if he would bring it up for a vote. said wait until we cross the bridge. we are close to that bridge. president plan has tax cut for middle class and small spending cut to try to stop the equester that -- sequest they're is coming, perhaps but not major spending cut or entitlement reform like republicans are pushing for. they are coming up with a threshold for taxes? $250,000 or $400,000 or less? i'm told that a late sticking point added is the estate tax. as you know, pe
from fiscal cliff. ed henry standing by in the briefing room. what are you hearing? >> senior white house official says the president told the republican leaders he wants up or down vote on the scaled back plan. he said that then the senate leaders jumped in and said they think they can get a bipartisan plan. the president told senators reid and mcconnell, i'm told they have a day or two to getting a deal done. otherwise we're out of time. he wants an up or down vote or the plan. at that...
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if no fiscal cliff deal is reached, most everyone's taxes will go up tuesday with deep spending cuts kicking in. earlier i spoke with a democratic and republican strategist. they seemed to echo the sentiment of the voters. >> this is like, when you at the beginning of the year and you're in school at the beginning of the year, you get assigned a big project and you leave it until the last night. when i used to do that, my parents used to punish me. if kids were behaving the way these congress people are, they would be in the time out. if it was the public sector they would be fired. the only solution lies with us, the american people, and with us the voters demanding that they start working together and actually coming up with something. we cannot continue having these spec tackles every few months. it's like making sausage. >> can we talk about the optics of this? there are many saying this is a republican and democratic problem, we're here because republicans won't play ball. >> it's easy for me to say that, i do think that politically, the republicans will suffer more if this does
if no fiscal cliff deal is reached, most everyone's taxes will go up tuesday with deep spending cuts kicking in. earlier i spoke with a democratic and republican strategist. they seemed to echo the sentiment of the voters. >> this is like, when you at the beginning of the year and you're in school at the beginning of the year, you get assigned a big project and you leave it until the last night. when i used to do that, my parents used to punish me. if kids were behaving the way these...
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Dec 30, 2012
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why this deal may not happen next. obviously a lot of attention tonight on the fiscal cliff. we're inside 30 hours until the expiration date on tax cuts. there are other important bits of business on capitol hill before the end of the year. in other words, in the next 30 hours or so. on friday, the senate approved a more than $60 billion bill to pay for construction costs for superstorm sandy. you see the video of that here. the house still needs to vote on that legislation. it isn't clear yet what the house is going to do. molly henneberg is live in d.c. there's a holdup in the house. what is it? >> the price tag. house republicans say it's too steep. a south carolina republican congressman said he and others want to help the people hurt by sandy but lawmakers need to figure out where the money's going to come from. >> it's not paid for. i know that's a difficult conversation to have but it's a necessary conversation. if we can't come together and figure out a way to stop spending someplace else to pay for this disaster, do we hope to be able to balance our budget and fix ou
why this deal may not happen next. obviously a lot of attention tonight on the fiscal cliff. we're inside 30 hours until the expiration date on tax cuts. there are other important bits of business on capitol hill before the end of the year. in other words, in the next 30 hours or so. on friday, the senate approved a more than $60 billion bill to pay for construction costs for superstorm sandy. you see the video of that here. the house still needs to vote on that legislation. it isn't clear yet...
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Dec 24, 2012
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was no movement toward a fiscal cliff deal more in the action in the house or senate. the responsibility now to avoid massive taxes and draconian spending cuts resting squarely on the president. fox news chief white house correspondent ed henry with our report. >> just as our economy is really starting to recover and starting to see optimisticsigns and we have seen actually some upside to from a whole range of areas, including two from including housing, now is not the time for more self-inflicted wounds , seven not the estimate from washington. lou: president obama's top advisers were quick to dump on the speaker come -- declaring he is backed into a corner. >> they wet from plan b to plan seal later. the fact that they could not even plan -- pass that was an embarrassment. >> in private the president's advisers admit they are bit more apprehensive firmly believing mr. obama has the upper end of the public. if the market takes the hit to the commander-in-chief we will still face his share of heat for washington this function to may point republicans are hammering. >>
was no movement toward a fiscal cliff deal more in the action in the house or senate. the responsibility now to avoid massive taxes and draconian spending cuts resting squarely on the president. fox news chief white house correspondent ed henry with our report. >> just as our economy is really starting to recover and starting to see optimisticsigns and we have seen actually some upside to from a whole range of areas, including two from including housing, now is not the time for more...
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yes, we are all waiting to cue the confetti with hopes for a last-minute deal to avert the fiscal cliff. with sweeping tax hikes and spending cuts set to take effect at midnight, frantic negotiations are ongoing at this hour with the president teasing the prospect of a deal on at least part of the cliff just hours ago. >> it appears that an agreement to prevent this new year's tax hike is within sight, but it's not done. we we're hopeful that congress can get it done, but it's not done. >> so it's not done. in case you missed that, he said it twice, not done. reports of an emerging deal focus on a few key parameters, raising tax rates on couple it's making more than $450,000 a year, increasing the estate tax rate, and extending unemployment benefits for one year. the major sticking point new appears to be sequester spending. while the president said he would prefer a grand bargain, a certain branch of government stood in the way. >> with this congress that was obviously a little too much to hope for. one thing we can count on with respect to this congress is that if there's even one sec
yes, we are all waiting to cue the confetti with hopes for a last-minute deal to avert the fiscal cliff. with sweeping tax hikes and spending cuts set to take effect at midnight, frantic negotiations are ongoing at this hour with the president teasing the prospect of a deal on at least part of the cliff just hours ago. >> it appears that an agreement to prevent this new year's tax hike is within sight, but it's not done. we we're hopeful that congress can get it done, but it's not done....
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to avoid the fiscal cliff is no where are in sight and time is running out. we hit the streets to show people this. this graphic shows how big a tax hit you could expect depending on your income no matter where in the country you live. for folks who could soon be forced to pay higher taxes, reality setting in. >> january 1st, that's what your taxes would go up. >> wow. >> wow. >> wow is not wow. >> well, it's going to be somewhere between 8,000 to $12,000, which i don't have. so i'm not looking forward to that. >> we're living paycheck by paycheck. i have five kids and that's going to put us way down in the hole. >> i'm a single income, you've got to be kidding. >> that's a lot of money. >> we need to keep our money in our pockets to help our country first. >> that sucks. i have a lot more better things to do with that money than give it someplace else. >> taxpayers are clearly worried. it deny next guest reaction from florida republican congressman, good friend, allen west. start with the -- some news we heard about an hour ago, that the leadership was actua
to avoid the fiscal cliff is no where are in sight and time is running out. we hit the streets to show people this. this graphic shows how big a tax hit you could expect depending on your income no matter where in the country you live. for folks who could soon be forced to pay higher taxes, reality setting in. >> january 1st, that's what your taxes would go up. >> wow. >> wow. >> wow is not wow. >> well, it's going to be somewhere between 8,000 to $12,000, which i...
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at last a deal reached. no, not on the fiscal cliff. we are live in miami, florida, next. the holidays are a sweet spot for cinnabon. president -- joined us and how this year is stacking up for her company. not even 40 years old and on her way to greatness. ♪ ♪ >> it is 1:41 p.m. and time for your fox business brief. president obama will meet with congressional leaders in just a few hours from now. right now, the dow is down 72 points. the chinese government is announcing stiff new rules to use the internet. the communist country now requires users to provide their real name to service providers. it places a greater burden on web companies. fox sports media group is buying cleveland indians sports channel. it is worth -- it will give fox sports the right to broadcast indian games for ten years. it is owned by news corporation. that is the latest from the fox business network. giving you the power to prosper. ♪ david: who does not know that sweet smell of cinnabon. you follow your noses to the bakery chain nearest store every day. it is not just here in the united sta
at last a deal reached. no, not on the fiscal cliff. we are live in miami, florida, next. the holidays are a sweet spot for cinnabon. president -- joined us and how this year is stacking up for her company. not even 40 years old and on her way to greatness. ♪ ♪ >> it is 1:41 p.m. and time for your fox business brief. president obama will meet with congressional leaders in just a few hours from now. right now, the dow is down 72 points. the chinese government is announcing stiff new...
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Dec 29, 2012
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cliff deal. 30,000. here is a headline at ktvn in nevada. unemployment insurance recipients notified benefits may end. nearly 25,000 nevadans were notified this week that their unemployment benefits will end after this week if congress does not vote by tuesday. if congress does not vote to continue them. here's the headline out of michigan. 85,000. 85,000 michiganders losing unemployment benefits. here's the palm beach post, 115,000 floridians being cut at the end of the year. 43,000 in connecticut could lose unemployment benefits. a few minutes ago, you heard jeff merkley of oregon mention, i believe, the 30,000 in oregon. one of the things that has been lost in all the fiscal cliff wrangling over the last couple of months is something really dramatic will happen really soon that will affect a ton of people who cannot, cannot afford it. four days from now, if washington cannot find a way to get its act together, 2 million people will lose their unemployment benefits. all at once. they will go all go awa
cliff deal. 30,000. here is a headline at ktvn in nevada. unemployment insurance recipients notified benefits may end. nearly 25,000 nevadans were notified this week that their unemployment benefits will end after this week if congress does not vote by tuesday. if congress does not vote to continue them. here's the headline out of michigan. 85,000. 85,000 michiganders losing unemployment benefits. here's the palm beach post, 115,000 floridians being cut at the end of the year. 43,000 in...
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Dec 28, 2012
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jeff: he thinks you and i are crazy for making too much of a deal out of the fiscal cliff. this ceo says the fiscal cliff has a bunch of outside noise. we will have his story of the fiscal cliff when we come back. ♪ ♪ [ cows moo ] [ sizzling ] more rain... [ thunder rumbles ] ♪ [ male announcer ] when the world moves.. futures move first. learn futures from experienced pros with dedicated chats and daily live webinars. and trade with papermoney to test-drive the market. ♪ all on thinkorswim. from td ameritrade. >> im adam schapiro with your fox business brief. general dynamics have been asked to build u.s. submarines for the u.s. navy. it is worth $400 billion. the money has already been securee. barge companies fear falling water levels on the mississippi river could halt commerce as early as next week. the coast guard says it is confident that the waterway will remain open. a new report says champagne sales in france are down nearly 5% from last year. despite the weak sales, france still consumed the most to give more than 170 million bottles in the last year alon
jeff: he thinks you and i are crazy for making too much of a deal out of the fiscal cliff. this ceo says the fiscal cliff has a bunch of outside noise. we will have his story of the fiscal cliff when we come back. ♪ ♪ [ cows moo ] [ sizzling ] more rain... [ thunder rumbles ] ♪ [ male announcer ] when the world moves.. futures move first. learn futures from experienced pros with dedicated chats and daily live webinars. and trade with papermoney to test-drive the market. ♪ all on...
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cliff deal was not reached. still no deal as we stand. only a few days to go. are you actually planning a hiring freeze or layoffs? >> i think every business man plans the fall part of the year, particularly if they are on a calendar fiscal year. we put "x" percent of our budget at risk with a contingency just in case things go bad in the economy. >> what percentage is that now? >> i don't want to tip off to the street what our -- what our plan is, but what i will say is that we have doubled our contingency this year which puts in a set of action plans that we act on depending on what happens in the economy. so we pull back on cap "x" and gain cap "x" and we include head count. >> us a well know, mark, we've had a whole parade of ceos like you who tell us the very same story. we're waiting. what are you waiting for? what would you like to see from washington that gets to you unleash that cap "x" and other things? >> the best deal would be a big deal. >> you want a grand bargain? >> i mean, americans don't want p
cliff deal was not reached. still no deal as we stand. only a few days to go. are you actually planning a hiring freeze or layoffs? >> i think every business man plans the fall part of the year, particularly if they are on a calendar fiscal year. we put "x" percent of our budget at risk with a contingency just in case things go bad in the economy. >> what percentage is that now? >> i don't want to tip off to the street what our -- what our plan is, but what i will...
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cliff deal. the dow jones industrial average gained 166 points to close at 13,104, up 7% for the year. the nasdaq rose 59 points to close at 3019, up nearly 16% this year. nearly two dozen people died in a string of attacks across iraq today. most of the violence targeted shiite communities and police. one of the blasts rocked baghdad's karrada neighborhood, sending smoke billowing above the skyline. the car bomb went off near a tent where shiite pilgrims were gathering. five people were killed there. in syria, elite troops, along with tanks, battled to dislodge rebels from a key southern suburb of damascus. the area is within firing distance of major government sites in the capital. amateur video also showed the aftermath of what appeared to be air strikes in the northeastern suburb of douma. the attacks toppled buildings and sent civilians fleeing. celebrations began today as the new year, 2013, dawned around the globe. we have a report from richard pallot of independent television news. . >> h
cliff deal. the dow jones industrial average gained 166 points to close at 13,104, up 7% for the year. the nasdaq rose 59 points to close at 3019, up nearly 16% this year. nearly two dozen people died in a string of attacks across iraq today. most of the violence targeted shiite communities and police. one of the blasts rocked baghdad's karrada neighborhood, sending smoke billowing above the skyline. the car bomb went off near a tent where shiite pilgrims were gathering. five people were killed...
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Dec 26, 2012
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on the fiscal cliff. that's not all, holiday spending also hit its lowest rate since the 2008 recession, which retailers are blaming on the uncertainty in washington. so where do we go from here? well, since the house failed to get a vote on the tax package last week, all eyes are on the senate. a temporary deal that would basically extend all the tax cuts for those making under a quarter million. the deal would also rescue long-term unemployment benefits and instead of addressing those automatic spending cuts we've all heard about that are set for january 1st, this temporary deal would delay them for another six months. few are optimistic this new plan, if we do go over the clifr, would work out. so what would half if we go over the cliff? the payroll tax holiday will expire on new year's day. that means most people will start paying more taxes in each paycheck. another 21 million americans would lose federal emergency unemployment benefits and those, let's remember, are people struggling the most right
on the fiscal cliff. that's not all, holiday spending also hit its lowest rate since the 2008 recession, which retailers are blaming on the uncertainty in washington. so where do we go from here? well, since the house failed to get a vote on the tax package last week, all eyes are on the senate. a temporary deal that would basically extend all the tax cuts for those making under a quarter million. the deal would also rescue long-term unemployment benefits and instead of addressing those...
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probably celebrating because they just got word from the white house that there is a deal, a fiscal cliff deal. the problem is the dancing may not be happening all the way up here on capitol hill because, frankly, it still has to pass the senate and the house. but they can still cheer. i'm bret baier live in washington. we have the breaking news that they are very close they say to the final deal between senate democrats and republicans and vice president biden who is currently meeting with senate democrats in a closed door meeting trying to get skeptical democrats to sign on to the mini deal that they are trying to avoid the fiscal cliff. the problem that they won't avoid it technically. they will miss the midnight deadline because the house has adjourned for the night. they don't have anything to score. they don't have anything to react to because no piece of legislation has made it to the senate. this s the shot we have been looking at for a long time just outside the senate chamber. if you just turn the camera a little bit you would see the door to the senate and so far there is nothi
probably celebrating because they just got word from the white house that there is a deal, a fiscal cliff deal. the problem is the dancing may not be happening all the way up here on capitol hill because, frankly, it still has to pass the senate and the house. but they can still cheer. i'm bret baier live in washington. we have the breaking news that they are very close they say to the final deal between senate democrats and republicans and vice president biden who is currently meeting with...
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Dec 26, 2012
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president obama cutting short his annual vacation in hawaii to deal with the fiscal cliff. no sight of congressional leaders. they're not in town. investors getting a little bit nervous. will congress get it together in time? no talks that we know of are imminent. it was by at least one measure, the weakest holiday retail sales growth since the financial crisis back in 2008, but could a post-christmas holiday sales bounce be around the corner? >>> and what a year it has been for tech. gadgets and gizmos. apple, facebook, microsoft all have big news. will 2013 be a lucky year for the sector? which tech titans might lead the new trends? simon hobbs is in at the new york stock exchange. >> good afternoon. when president obama arrives back in d.c., can he prevent america falling over the fiscal cliff? house republicans haven't yet called their members back to washington. our chief political correspondent, john harwood, is with us. john, this feels very much like it might be the calm before the storm in more way than one. >> it could be if we go over the cliff and the storm woul
president obama cutting short his annual vacation in hawaii to deal with the fiscal cliff. no sight of congressional leaders. they're not in town. investors getting a little bit nervous. will congress get it together in time? no talks that we know of are imminent. it was by at least one measure, the weakest holiday retail sales growth since the financial crisis back in 2008, but could a post-christmas holiday sales bounce be around the corner? >>> and what a year it has been for tech....